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Raw Materials

Courtesy: Garware Technical Fibres
Garware Technical Fibres net profit up 14.2% in Q3 FY19

14th Feb 2019

Garware Technical Fibres Ltd, a leading manufacturer of technical textiles for the Indian and global markets, has reported net profit growth of 14.2 per cent to ₹24.7 crore in Q3 FY2019 ending December 31, 2018 as compared to ₹21.6 crore in Q3 FY18. The net sales grew by 10.3 per cent to ₹ 222.2 crore in Q3 FY19 as compared to ₹201.5 crore in Q3 FY18.

Courtesy: Chem-Trend
Chem-Trend sets up R&D lab in Maisach, Germany

11th Feb 2019

Chem-Trend, leader in development, manufacturing, and marketing of high-performance release agents, purging compounds, and other process chemical specialties, has set up an advanced research and development laboratory space in Maisach, Germany. The new lab space joins Chem-Trend’s network of laboratories across the globe, enhancing its research...

Nayara Energy to invest $850 mn in Gujarat refinery
Nayara Energy to invest $850 mn in Gujarat refinery

2nd Feb 2019

Russian oil company Rosneft-led Nayara Energy recently unveiled a $850-million expansion plan for its Vadinar refinery in Gujarat, marking its foray into the petrochemical business. In the first phase, the company, formerly called Essar Oil, plans to set up a 450,000 tonnes per annum polypropylene plant, according to its chief executive officer B Anand.

Courtesy: Kelheim Fibres
Kelheim’s new specialty fibre selected for IDEA 2019

1st Feb 2019

Kelheim Fibres’ new specialty fibre, Danufil QR, has been selected for the IDEA19 Achievement Awards in the category ‘raw materials’. Kelheim will present Danufil QR, that is specifically designed for use in disinfectant wipes, at Hall B, Booth Nr 834 of the fair. It will also showcase other established and new fibre specialities like Galaxy and Viloft.

Courtesy: Thai Acrylic Fibre Co
TAF’s Durashine creates waves at Heimtextil Frankfurt

21st Jan 2019

Durashine, the high-end solution dyed acrylic fibre from Thai Acrylic Fibre Co (TAF), lightened up the recently concluded Heimtextil in Frankfurt with 10 new shades, especially developed for premium end furniture market. The new colours were developed based on the upcoming design trends, demands from the fabric makers and insights from the key...

Courtesy: Indorama Ventures
IVL to exhibit Coolvisions brand at OR Winter Market

17th Jan 2019

Indorama Ventures Limited (IVL) will exhibit its CoolVisions brand of dyeable polypropylene filament and staple at the upcoming OR Winter Market/Snow Show in Denver this month. In addition, visitors to the CoolVisions/Indorama booth 55034-UL will discover new fabrics featuring IVL's IP intelligent performance range of specialty polyesters like Ecorama...

Courtesy: Velox
Velox announces distribution partnership with Porcher

17th Jan 2019

Velox, an IMCD company, has formed distribution partnership with global company Porcher Industries in territories like Benelux, UK, Ireland, Norway, Sweden, Finland, Denmark and Spain/Portugal. The agreement includes complete product range of Porcher Industries, such as glass yarn fabrics (coated or greige), woven carbon fabrics and thermoplastics...

Courtesy: WR Grace
Grace licenses Unipol PP process technology to Hanwha

16th Jan 2019

WR Grace & Co, the leading supplier of polyolefin catalyst technology and polypropylene (PP) process technology, has contracted to license its Unipol PP process technology to Hanwha Total Petrochemical for a new PP production facility in Daesan, South Korea. With a capacity of 400 kilotons per year, the PP line is expected to begin operations in 2021.

Courtesy: Safic Alcan
Michelman & Safic-Alcan extend distribution agreement

16th Jan 2019

Michelman has extended its distribution agreement with Safic-Alcan, an international specialty chemicals distributor, to Central Europe, Poland and Turkey. Capitalising on the success that Safic-Alcan has had in France and UK, it will now manage Michelman’s distribution throughout its subsidiaries located in Poland, Czech Republic, Hungary, Serbia and...

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